Small Business Growth Initiative Grant Program in Chicago

GrantID: 72550

Grant Funding Amount Low: $30,000

Deadline: Ongoing

Grant Amount High: $30,000

View Full Grant Details

Grant Application – Apply Here

Summary

A funding opportunity is currently available to support the growth and success of small businesses located in select communities in northeastern Illinois. This initiative is designed to help entrepreneurs strengthen their operations, expand services, and contribute meaningfully to the local economy through community-centered business practices.


This opportunity is open to small businesses operating within a targeted geographic area. To be considered, applicants should demonstrate a strong commitment to business growth, local collaboration, and community engagement. While nonprofits and other organizations may be eligible depending on their alignment with the grant's intent, individual applicants and some business types may be excluded.


Funding can be applied toward a wide range of business development efforts. These may include expanding workforce capacity, improving infrastructure, launching outreach programs, or developing new products or services that meet local needs. The goal is to provide flexible support that helps businesses grow while also strengthening the surrounding community. The grant awards a defined amount of funding to each selected business. The total amount offered may vary, but applicants are encouraged to submit proposals with realistic budgets and clearly stated outcomes. The most successful applicants typically present a vision that balances strong business potential with positive local impact.


Applications are usually accepted annually, with a specific deadline announced in advance each year. Businesses interested in applying are advised to begin preparing their materials early to ensure eligibility and compliance with application requirements. This funding opportunity provides valuable support to local entrepreneurs and small businesses seeking to create economic opportunities and build stronger community connections.


To find more grants, The Grant Portal and use the Search Grant tool to find your next grant.


To find more grants, go to The Grant Portal and use the Search Grant tool to find your next grant.

Eligible Regions

Interests

Eligible Requirements

View Full Grant Details

Grant Portal - Small Business Growth Initiative Grant Program in Chicago 72550

Overview

This grant is meant to financially support organizations or entities that focus their efforts on, but not limited to: Business & Commerce, Community Development & Services, Small Business .